FAITH SAN PEDRO V UNIT
FAITH SAN PEDRO V UNIT is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from March 2015 to August 2026, totalling 167,966 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.2M, with roughly $233K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 329 barrels a month. Its strongest month on the record we hold was May 2016, at 3,286 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about FAITH SAN PEDRO V UNIT
- Who operates FAITH SAN PEDRO V UNIT?
- FAITH SAN PEDRO V UNIT is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is FAITH SAN PEDRO V UNIT?
- FAITH SAN PEDRO V UNIT is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18372.
- Is FAITH SAN PEDRO V UNIT still producing?
- FAITH SAN PEDRO V UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAITH SAN PEDRO V UNIT is August 2026.
- How much has FAITH SAN PEDRO V UNIT produced?
- FAITH SAN PEDRO V UNIT has reported 167,966 barrels of oil (bbl) to the Railroad Commission of Texas between March 2015 and August 2026, from 1 wellbore.
- How much is FAITH SAN PEDRO V UNIT worth?
- The remaining production from FAITH SAN PEDRO V UNIT is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $916K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAITH SAN PEDRO V UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FAITH SAN PEDRO V UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAITH SAN PEDRO V UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FAITH SAN PEDRO V UNIT generate in a year?
- FAITH SAN PEDRO V UNIT is forecast to net about $233K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FAITH SAN PEDRO V UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 18372 |
| Wellbores | 1 |
| Reported production | 167,966 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where FAITH SAN PEDRO V UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.